Canada Stocks to Watch: Cenovus, Western Forest and Oncolytics

Cenovus Energy Inc. plans to raise at least C$1.5 billion through a share offering to help fund its growth projects.

Western Forest Products Inc. said its fourth-quarter profit fell to 3 Canadian cents a share from 13 Canadian cents. Revenue was also lower, which the forest-products company attributed to lower log sales volumes and weaker log export pricing.